Prediction markets reacted to the ruling, with Flávio Bolsonaro's win contract on Kalshi dropping to 66% from 79% and HyperliquidX Brazil ETF perpetuals falling to 44.84 from over 46. Early unofficial tallies for the contest between Bolsonaro and incumbent President Luiz Inacio Lula da Silva showed Lula leading 57.66% to 42.34%, though only 0.2% of the total vote had been reported.
Monday, October 26, 2026
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Brazil Supreme Court Extends Presidential Runoff Voting by Two Hours
World16 hours ago
A preliminary ruling by Brazil's Supreme Court pushed the presidential run-off voting deadline to 7 PM local time on Sunday. Justice Cristiano Zanin granted the two hour extension after reports that public transportation failures, including 29% of São Paulo's municipal bus fleet remaining in garages despite a court order, hindered voters' ability to reach polling stations.
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